High Loan Amount
You can borrow a Personal Loan of up to Rs 5 Lakh and utilise it for various purposes.
Also referred to as the 'City of Lakes', Thane is among the fastest emerging cities in Maharashtra. With its blend of natural splendour, urban infrastructure, and excellent connectivity with Mumbai, Thane provides great scope for both employment and business.
If you are from Thane and require instant money for any planned or unforeseen expenses, you can avail a Personal Loan in Thane of up to Rs 5 Lakh from Hero FinCorp. You must have an income of Rs 15,000 per month. You can apply online and obtain approval in 10 minutes. Our loans have competitive rates of interest and repayment tenures of 12-36 months.
Hero FinCorp offers quick financial solutions online designed to provide multiple features and benefits like these:
We have a simple eligibility criterion that anyone can fulfil without hassle. Our Personal Loans have no end-use restrictions, meaning you can use them for any purpose. The best thing is that they are collateral-free and come with flexible EMIs to make repayment easier. These are the eligibility conditions you must fulfil to qualify for a Personal Loan at Hero FinCorp.
Criteria | Requirement |
---|---|
Age | You should be between 21-58 years. |
Citizenship | You should be a citizen of India. |
Work Experience | Six months for salaried individuals and 2 years for self-employed individuals. |
Monthly Income | You should have a minimum income of Rs 15,000 monthly. |
Documentation requirements vary slightly for salaried and self-employed applicants. So, being prepared with the necessary personal loan documents can help ensure a smooth and hassle-free application process. Here’s a list of the commonly required documents.
Driver^’s Licence, Passport, PAN Card, Aadhaar card
Filled Loan Application Form, Passport Size Coloured Photograph
Six Month Salary Slip & Bank Account Statement, Form 16
Appointment Letter From the Current Employer
Driver Licence, Passport, Aadhaar Card, Utility Bill
Driver^’s Licence, Passport, PAN Card, Aadhaar card
Filled Loan Application Form, Passport Size Coloured Photograph
Last Six Months Bank Statement, ITR for the Last Two Consecutive Years
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Copy of Tax Registration, Shop Establishment Proof, Company^’s Registration Certificate
You must know the loan costs before applying for an instant Personal Loan in Thane. At Hero FinCorp, Personal Loan interest rates are competitive, and other charges are nominal. Here are the details.
Fees & Charges | Amount Chargeable |
---|---|
Interest Rate | Starting from 19% p.a. |
Loan Processing Charges | Minimum 2.5%+ GST |
Prepayment Charges | N.A. |
Foreclosure Charges | 5% + GST |
EMI Bounce Charges | Rs 350/- |
Interest on Overdue EMIs | 1-2% of the loan/EMI Overdue Amount Per Month |
Cheque Bounce | Fixed Nominal Penalty |
Loan Cancellation | 1. Online loan app does not charge any cancellation charges |
2. Interest amount paid is non-refundable | |
3. Processing charges are also non-refundable |
You can get approval in 10 minutes when you apply for a personal loan online with Hero FinCorp. Here is the stepwise process:
Visit the Hero FinCorp website or install the personal loan app
Go to the personal loan page and click ‘apply now’
Enter your mobile number and verify with the OTP received
Choose the loan amount you need
Verify your KYC details to check income eligibility
Click ‘Submit’ to complete your application